Lightrock

Group14 lands $463M from SK, Porsche, and others to make silicon anodes for EVs

Climate /

Battery materials startup Group14 announced Wednesday it has closed a $463 million funding round to expand its manufacturing footprint, a sign that investors remain confident in the future of electric vehicles. The startup manufactures silicon anode materials, which significantly boost the storage capacity of lithium-ion batteries. Group14 currently operates three factories, two in the U.S. […]

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Augury raises $73M on a $1B+ valuation for AI to detect malfunctions in factory machines

Enterprise /

As companies like Nvidia and SoftBank make industrial robotics into a key focus for future R&D, a startup has raised funding today for another facet of how AI is being used on the factory room floor. Augury, which develops AI-based hardware that measures vibrations, sound, temperature and other factors to understand how machines are working

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